discuss Has anyone become rich from domain reselling?

[gold lover]

Has anyone become rich from this. Any real life testimonies to motivate and share with fellow ?

Waiting for a sale is a tiring process.

Thank you for sharing

 

[lock]

Only the ones that can spot the bargains to resell they barely ever ask advice or delay decisions. I was emailed this week from someone looking for a broker with 100 names that i wouldn't renew.
The email explained he could come up with same quality and numbers each week. Plenty of deluded domainers here that think this is going to be easy.

 

[EmpireNames.com]

I started domaining 2 years back and made 300k sales approx maybe more i dont remember..
And i own now 7 figure portfolio my zero investment is involve from my pocket now
If you learn how to find right name in right price yes you can get rich but if you will through your money in wrong names you will be broke easily

 

[bmugford]

You don't get rich flipping domains unless you start with a large budget, especially in 2020.

There is simply no substitution for time when it comes to finding quality buyers for domains.

Brad

 

[biggie]

Hi

learn to use search function, and "enrich" yourself.

imo...

 

[PatrickV]

I'm in for six figure sales

Patience is my key

GLTA

 

[NickB]

Probably less than 5% of the total domainers. In every industry there is always that less than 5%. In Youtube about 3 to 5% are earning in 5 to 6 digits a month. Everywhere I believe it's the same numbers. In politics, leftists call them the few 2%, while the rest they label as 98%.

Pareto's Principal springs to mind......also called the 80/20 rule

 

[maya-zir]

I started with domaining in 2015.
I mostly used to handreg, then I began to buy expired domains.
After 3 years of domaining 2015-2018, telling the truth I got more than wasted.
Ok, not a big amount, but at least 1k for sure. But 1k roi in 3 years was not ok for me, so I started to generate more ideas.
I still handreg and sometimes buy expired domains, but now I focus in building wp sites and get income from adsense and traffic.
For me it became a safe way to get high xxxx monthly income.

 

[bmugford]

thank you for replying.

May I know what is the reason why so many people are still in this? Is it a form of hobby?

What is the motivation behind

Probably unrealistic expectations more than anything else.

Brad

 

[NickB]

Someone, feel free to burst my bubble if i am being unrealistic.

I am still living in the era where i hope that i can register a domain or maybe buy a domain for cheap and wait 10 years to resell it in for $100k.

Am I dreaming?

Maybe not a 100k but if you can get in early enough (right a the beginning, pre trend) on a new / emerging technology, product or category before other people then you can possibly register some quality domains that could go for mid/high x,xxx - xx,xxx

Then it is a case of holding, hoping your domain catches the eye of end users and playing the waiting the game - which could be a while

So if you hold multiple quality domains in multiple categories and are extremely patient in the long term you could get close to or go in to the xxx,xxx range - maybe.......maybe not though

depends how big your Jolly Rodgers are, how much faith you have in your definition of quality and whether the Tech, Product or category takes off......

 

[PatrickV]

What's definition of rich?

 

[PatrickV]

Yes you can, i still believe, if they buy cars for huge amounts of dollars why not for a very good brandable unique .com domain ...

 

[iAdam]

Yes you can become rich if you get lucky and hold the right domain. You can go broke easier if you spend all your money in domains that nobody wants.

 

[lennco]

Has anyone become rich from this. Any real life testimonies to motivate and share with fellow ?

Waiting for a sale is a tiring process.

Thank you for sharing

Rick Schwartz

 

[Jeffrey]

Probably less than 5% of the total domainers. In every industry there is always that less than 5%. In Youtube about 3 to 5% are earning in 5 to 6 digits a month. Everywhere I believe it's the same numbers. In politics, leftists call them the few 2%, while the rest they label as 98%.

 

[maya-zir]

How much time have you put into it? Has it been working?

I started to build wp sites for AdSense propose in 2017. I didn't expect more than a few hundred euros, and I was mostly focused on AdSense and banners. But after some time I started to get emails asking about posting on my sites and changed the tactics.. And started to improve my SEO and moved a few sites with good traffic to VPS and then to a cloud host, this step increased the traffic.. More traffic = more interest from SEO agencies = more order = more income..
2 years (from 2017 to 2019) from ZERO to mid-XXXX monthly income without any risks and investment..
from January 2020 high XXXX monthly

 

[maya-zir]

Nice. Quite a success story.
Did you build the site and create all the content yourself?

my sites barely have original content.
all say the quality before the quantity.. but i did the opposite

one of sites is my hobby site, it doesn't bring me good income, but it is my hobby and i like to add posts there based on specific keywords, the rest of sites i just post without make any research... so, i just google the topic and make a mix of first top-10 posts..
some of this kind of posts now appear in search engines BEFORE sites from where I grabbed the content.. I don't make original content, I just check the top-10 related posts and take from them the best parts of the content, and then clean all useless information..
i don't use the same tactics on all my sites... but it is an interesting point i found out

 

[gold lover]

deleted

 

[gold lover]

thank you for replying.

May I know what is the reason why so many people are still in this? Is it a form of hobby?

What is the motivation behind

 

[gold lover]

Someone, feel free to burst my bubble if i am being unrealistic.

I am still living in the era where i hope that i can register a domain or maybe buy a domain for cheap and wait 10 years to resell it in for $100k.

Am I dreaming?

 

[M Usman]

Someone, feel free to burst my bubble if i am being unrealistic.

I am still living in the era where i hope that i can register a domain or maybe buy a domain for cheap and wait 10 years to resell it in for $100k.

Am I dreaming?

Day dreaming

 

[Jimmysun]

In spiritual...

 

[pb]

Rich? Doubtful. Make a living? Definitely, lots of people.

 

[effervescence]

You can refine your quesiton. Can one be rich by virtue of one's name(s)?

 

[tupungato]

Almost everyone sacrificing time to domaining becomes at least rich in experience